Hi all , a newbie self builder after a bit of vat advice.
we have purchased an agricultural barn to convert , we have all planning in place , living in a static caravan on site , all ready to go.
we are about to appoint a builder who is going to do all the structural and building control work then hand it back to us to finish , kitchen , bathrooms , decoration and flooring really.
what vat should my builder be charging me ? Is it 20% for materials and 5% for labour ?
On completion will be looking to claim the vat back through HMRC.
Hope someone is able to help.
Thank You
Simon and sarah